Markets Edge Higher as Netanyahu Signals Strait of Hormuz Progress
TL;DR Summary
Futures edged up after Netanyahu said Israel would assist the U.S. to open the Strait of Hormuz, easing some war fears; oil prices fell after the remarks, but the market remains broadly weak for the week with the S&P 500 below its 200-day moving average and major indices near correction territory as traders monitor the conflict’s potential earnings impact.
- Stock futures tick higher, but S&P 500 heads for fourth losing week in a row amid rising oil prices: Live updates CNBC
- Iran War Live Updates: As Oil and Gas Prices Soar, Trump Seeks to Reassure Americans The New York Times
- Brent up but off highs, US crude finishes with small loss Reuters
- Could oil hit $200 a barrel? Analysts no longer think it is far-fetched Al Jazeera
- Oil Declines as US, Israel Seek to Ease Concerns Over Iran War Bloomberg.com
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